Press Release

Honeywell Helps Drive Chinese Aerospace Growth With Four Major Systems For New Passenger Aircraft

CHINA AIRSHOW, ZHUHAI, Nov. 19, 2010 -- Honeywell (NYSE: HON) has been selected by Commercial Aircraft Corporation of China Ltd. (COMAC) to provide four substantial systems for the new C919 airliner, a contract valued at more than $11.3 billion over the program life.

“Honeywell has dedicated substantial resources to support China’s plans to grow its domestic aviation industry,” said Mark Howes, president of Honeywell Aerospace, Asia Pacific. “Honeywell’s collaboration with COMAC will both enable this vital program inside China and strengthen China’s strategic intent to compete globally.”

Honeywell’s sizeable work on the C919 represents technologies where the company has long been an innovator, including fly-by-wire flight controls, the wheel and brake system, the auxiliary power unit and the inertial reference system that provides precision location data. Honeywell has been working in conjunction with AVIC and other companies on the C919 programs, including AVIC Dongan, AVIC FACRI, and Hunan Boyun.

The four-system selection on C919 flips a new page on Honeywell’s cooperation with COMAC; the successful cooperation record can be tracked back to ARJ-21 on which Honeywell supplies fly-by-wire flight control system.

As part of the strategy to better support C919 and other Chinese platforms, last November Honeywell opened the Honeywell China Aerospace Academy to provide systematic training to local talents and to share know-how.

Honeywell is also expanding its partnership with another Chinese Aerospace leading enterprise, AVIC, on top of its current cooperation on C919, the two companies established a Honeywell-AVIC Steering Committee to discuss a series of platforms which will have significant impact on Chinese aerospace industry.

Honeywell operates 10 facilities throughout China, including Aerospace maintenance and manufacturing facilities in Xiamen, Nanjing, Suzhou, and Shanghai. The Asia Pacific headquarters is based in Shanghai.

Based in Phoenix, Arizona, Honeywell’s aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.